China's push toward electrification has reduced its oil exposure, meaning its 1.4 billion-barrel reserves provide 120 days of import cushion. Its dominance of clean energy supply chains also gives it growing leverage as hydrocarbon reliability erodes.

🤡🤡🤡

Cap-and-Invest: Europe set to leverage its carbon markets to boost investment in decarbonisation www.carbonrisk.world/cap-and-inve...

NEW | New technologies are unlocking the EU’s geothermal potential 🇪🇺 Across the EU, new geothermal tech could access 43GW of deployable geothermal capacity - replacing 42% of ALL coal and gas electricity generation. ember-energy.org/lat...

Some actual bona fide good news. The domestic clean tech market is absolutely booming and is poised to keep growing. www.businessgreen.com/news/4525218...

My article from Monday in which I discuss how hedge funds have had too much of a good thing with commodities. No tree grows to heaven: EUAs caught in cross-commodity liquidation www.carbonrisk.world/no-tree-grow...

£4bn is a rounding error in an economy the size of the UK’s and in return the UK would get a leadership position in booming global industries, enhanced climate resilience and energy security, and multiple co-benefits. It’s a very good deal.

Now your turn UK government.

How much will it cost the UK to reach an 87% cut in greenhouse gas emissions by 2040? In a new letter, @thecccuk.bsky.social confirms about £4bn a year (£26bn a year of costs minus £22bn a year of savings). www.theccc.org.uk/wp-content/u... 87% by 2040 is a stepping stone to net zero by 2050

Ah yes. That woke IMF. Can't trust anything they say.

'The Albanese govt could make deep emissions cuts & restructure an ailing federal budget by taxing polluting companies more than $35bn pa for the damage they cause...' www.theguardian.com/environment/... Sounds fair to me, as does taxing billionaires & ending welfare for the wealthy programs #auspol

HUGE moment for the EU car market as battery EVs overtake petrol cars for the first time ever But there's no "natural" demand for EVs amirite? Article by @mollylempriere.carbonbrief.org www.carbonbrief.org/analysis-evs...

Bravo @ben-cooke.bsky.social. Brilliant scoop, and hard to imagine a more important one. “This government is hiding the true danger of climate change from the people”. Spooks don’t mess about when they leak. www.thetimes.com/article/4a1c...

1/2 There is nothing wrong with the world importing EVs from China. If China has a comparative advantage in producing EVs, it should be a net exporter to the rest of the world. That's how global trade works best. www.bloomberg.com/news/newslet...

As ever, Private Eye sees through the way the usual-suspect media are happy to swallow wholesale and then amplify the BS from Tufton St lobbyists when it comes to net-zero And, as ever, @drsimevans.carbonbrief.org made all these points the moment the coverage landed

Within hours of Trump's bizarre rant about European 'windmills', new data confirms wind and solar provided more power than fossil fuels in the EU last year, helping to drastically reduce its reliance on costly fossil fuel imports. www.businessgreen.com/news/4524566...

America, the land that is catching up with developing countries.

All those who wrongly believe that nature collapse might be 'sad', but won't really affect them in any way, badly need to wake up. Nature isn't just 'nice to have'. Planet Earth is only liveable – for *us* too – due to the regulating effects of natural ecosystems. share.google/NoVLRatfUoH5...

Microsoft CEO says AI “risks becoming a speculative bubble unless its use spreads beyond big tech companies and wealthy economies.” Brother you’re the one building this dogshit, we’re three years and hundreds of billions in, how have you not worked it out? www.ft.com/content/2a29...

Mark Carney's speech really is terrific: full text is here and very much worth your time.

US households pay 96% off tariffs. “the Kiel Institute researchers found that foreign exporters absorbed only about 4% of the burden of last year’s U.S. tariff increases by lowering their prices, while American consumers and importers absorbed 96%.” www.wsj.com/economy/trad...

"Look, I get it, he's mental but what the fuck do you want me to do?" - Labour +45%

Plenty that is baffling these days, but few things are more baffling than some major auto companies looking at this global trend and deciding NAH, NOT FOR ME

@gilesyb.bsky.social this is what the inflection point looks like - chinas emissions will be tanking very soon e360.yale.edu/digest/china...

Poor Elon.

Low oil and LNG prices a huge headwind to greener alternatives (green methanol, batteries, etc). A shame there isn't a global tax on shipping emissions IMO 🤔

€100 carbon draws near: Europe's most important climate policy shrugs off the gloom The median forecast (based on 38 responses) in the #EUAPredict 2026 competition for the final 2026 EUA settlement price was €96.85.

Do you like charts? Oh yes you do. I've just published hundreds of them, as I do every year. www.nathanielbullard.com/presentations

The actuaries are frankly terrified at our collective failure to understand the true scale of the climate risks the world faces. www.businessgreen.com/news-analysi...

Fine-particulate and ozone air pollution from fossil fuels causes 4-6 million avoidable deaths per year: 7-10% of all deaths worldwide. At an ~$11 million statistical value of life, this is a 44-66 trillion $/yr (38-56% of ~117 T$/yr global GDP) cost that appears nowhere in fossil fuel economics.

Coal-fired power plants killed at least 460,000 Americans between 1999 and 2020. Remember that as the EPA stops considering the benefits of halting air pollution. hsph.harvard.edu/news/particu...

Recoupling? Rhodium estimates that US GHG emissions grew faster than the economy in 2025, breaking a 3-year trend of economic growth outpacing emissions growth. rhg.com/research/us-...

Trading hazes A new article from me on how environmental markets are being leveraged in India to tackle PM2.5 and sulphur dioxide emissions. www.carbonrisk.world/trad/

Trump has been promoting air pollution denial since at least 2017. It’s taken different forms over the years, but the goal was always the same: to stop regulatory agencies from treating air pollution as a public health problem. The Trump EPA has now reached that endpoint.

China is now the leading clean energy powerhouse with the West falling behind. The transition is inevitable; the key question is where and how fast it happens. I look forward to discussing this in Davos next week at the World Economic Forum, facilitating a live-streamed session on electrostates.

Narrator: That's not how benefit-cost analysis works.

NEW: Coal-fired power generation fell in both China and India in 2025, for the first time since 1973. The drop came after record clean energy additions in both countries, and was the first time that clean energy was a major driver of falling coal power use.

The White House's withdrawal from 66 different international bodies will come back to hurt the US on climate and other issues, @markgongloff.bsky.social says www.bloomberg.com/opinion/arti...

Nobody ever said the death throes of the fossil age would be pretty or peaceful

The US stands alone in dismissing the problem of climate change.

Make this go viral. Labour MP Louise Haigh.

📢 Yesterday, President Trump signed a presidential memorandum directing the United States to withdraw from 66 international organizations and treaties, including the UNFCCC and the IPCC. Read the full statement from David Widawsky, Director WRI US: bit.ly/3YrmIVx

NEW by @drsimevans.carbonbrief.org for @carbonbrief.org Analysis: World’s biggest historic polluter – the US – is pulling out of UN climate treaty "the largest contribution to the Earth’s warming climate by far" www.carbonbrief.org/analysis-wor...

The US is withdrawing from the UN Framework Convention on Climate Change, the treaty that has governed international climate diplomacy since 1992, per the AP: heatmap.news/sparks/us-wi... George H.W. Bush first signed the pact, and the Senate unanimously ratified. US has been a member since then.

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” —George Orwell, 1984

The annual #EUAPredict forecasting competition has an average error rate of 23%. That's much better than pro carbon analysts (35.5%). Have you got a view as to where the EU carbon price could be at the end of 2026? Entries close 1700 GMT www.carbonrisk.world/euapredict-2...

Venezuela: How it unfolded From the new Private Eye, in shops now.

There’s just a few days left to enter #EUAPredict 2026! It's your chance to forecast the EU carbon price at the end of December. Here’s all the details you need to know www.carbonrisk.world/euapredict-2...

I have been saying this for some time to students seeking career advice: the energy sector is one of the most exciting places to work with a huge transformation taking place right now. Electrification is a game changer and means a redesign of our energy system as we know it.

Venezuela has pretty great monazite / rare earth deposits so yeah that might be part of this